. . hilt out
‘ law to
hllrleiit’lmimlng 31ml obligations inoith‘or Illv
”firming, 'guid will." ‘
f " Carliulo'l runway.
1 '10 is constantipmniod by slime that
the United Staten mam, muuaonly called
greenblwkvt. and the trutsurynolea, Issued
plutonium-t oi tall". are mmnsibla air
the Mont drain upon the gold octave, but
lltlumumptiou in ontimly without: loun-
tiathiii. Seen-tiny (‘urllsle appeared before
Nth house mamuitleo on uppmprh‘itloxm on
lap 21.16%. and l quotofrmu the printed
titular-tel lllli esthuouy before the unlimit-
no: u
. Mr. Sibley"! would like to halt you
(pm'hapa not "entirelyiouiaxinxi with the
_ matter 'under (llflflihslon) what objection
there could bola having thooption of re»
“01'"th hither in alivcr or gold lie with
“10 (library instead of the note holder?
Warl‘utury (Jurlhdo—If that will y had
won adoptul at the beuluuiug of rcrzump-
titan—and I am annoying thin for the pur—
pitsu of orilhlulltil tho action of any
of my ”villainous or anybody clsco-tho
trolley bf Nsurviuo to the goveruluont, at .
the belittling of moumptlou, the option of
minimal”: in mild u‘r silver all bumper
[M‘l'l‘llmth I believe it would liavo‘worltod
'lznollciull)’, and there would have been no.
lbaible growing out. of it, but tho mere-
lal‘les of tho lrcaisury from the beginning
“of nisumptlon have pursued a policy of re.
deeming in gold or ailvoi‘. at the option of
the holder oi‘ the paper. and if any sot-re-
tary ball afterward utielnplml to vintage
that policy and force silver upon a man
who wanted gold. or gold upon a man who
'wantod silver. anti especially if he had
made that attempt at. such a critical period
as We have had in the host two years, my
judgment is it would have been very disas-
trous. -
1 do not agree with the secretary that i
was wise to follow a bad pro-txlonl. Inc
from his unawl-r it will be mm thatthu
fault does not lie with the gm‘inbacks and
tmtsury non-s, but rather with the cxccuw
tlve. oilicora who have seen ill to surrender
ll right which should have been csoroised
for the pmlootion of the interests of the
gnome. This executive aotiouluts already
icon mado the. excuse for the issuoot’ more
than $25fll,illili,ill)il in bonds, and it. is im-
possible to estimate lhcaiuouutof bonds
which may hen-after be issued if this policy
is continued. We are told that; auyattompt
uponlho part of the uovorumcutut this
time to redeem its oldiecdious in silver
wouldput a premium upon gold, but why
ultottld it? The liuuk of France exercises
the right to redeem all bank paper in
either gold or silvor. and yet l“l‘lilll‘i‘ main-
lains the parity between gold and silver at
t-hcratioot‘ 1.3,“. lot and retains in cir~
culatiou tun-,re silver per capita than we do
in the Uri'ttotl Hinton.
It may be further answered that our up
“whom have Hllgflt'a‘lt‘d no feasible plan for
. imiidiuig tin-dangers which they fear. The
,Ntiromeut of tho umubaeks and treasury
holes would not, protect the. treasury. be-
cause the same policy which now leads, the
wen-fury oi' the treasury to redeem all gov-
l‘rninrntpaper in gold. when gold is do-
hmittlod, will nouirc the redemption of all
Silver dollars and silvercertificates in gold
if the urot‘ltllitl'lis and treasury ilolmsure
Withdrawn from circulation. More than
this. if the gi‘n‘erumeut should retire its
tumor and throw upon‘ tho banks tho no
homily of furnishing coin redemption, the.
banks would exorcise the right. to furnish
either gold or silver—in other words. they
would exercise the option. just as the gov-
i‘rumout ought. to exercise it now. 'l‘ho.
miverumont must either exorcise the right
torcdceut its obligation: in silver when
silver is utnro convenient, or it must retire
all the silver uml siber certificate:- from
circulation and have nothing but imid as
band leader iuonev. Ara our opponents
willing to outline a llama ial system which
will carry out their iuilleyto its higitimate
com-limit"), or will they mntiouc toeloal:
their designs in ambiguous phmses?
‘Nceeuslty For llllnclalihim.
There. is no actual necessity for limcial-
lism as well {lri a tin-.m-licai defense of it.
lbu-inglho last :.‘.'l years lt'ifilalilllilll ins
been creating an tahlilionaidemand for
gold. and this law crenlcd demand has re»
sailed in inrn'asipu the purchasing power
of ouch ounce of gold. 'lhc t'ertot'aiien of
binu-tallisut Lu the l'niied States will take
away from twill ju..l somuehof li-élvllt"
chasinz; ['ith'l‘ es was addid to it by the
ilt‘mutii‘li‘luih'il of silver Izy the l'niled
States. The silverdoliai' i: now held up to
tbopolddoll' r by legal lentil-r laws and
not by l‘t"(ll'l.‘i]illiill in .L'i:lil. llt'i'.’lil~t‘ the
rtandurd silver doilaoa arc lwl now to
dcctuuhle in uohl either in harm by ad-
ministrative 1 olicy.
\l’c contend that inn-and unlimited coin-
age by the l'nllod States alone “ill raise
tho bullion value of silver to lie coinage
valuo, and thus mala- silver bullion Worth
ifl.‘.".i per nlinco in gold throughout the
world. This pr: position is in 1.4 whim: “lib
natural laws. on: in deiiancet f ilzcm. The
host known luv of commerce it ila‘ law of
nupply and deumlal. We remind/o um
law and build our ar'mun-nl upon it. We
apply thin law to money when we say thai
armluciioo in the volume of lunacy will
t‘aiw the purchasing povwrol lie-dollar.
We also apply the loWoi' xsupplyand dw
mood to sliverwbcu up mic that a new
demand f- :n-ihercrcau-d by iawwili ruin-
tho price oi Silth r bullion. timid and slivcr
are iliilcu-nl. from other conunmilth-sin
that. they are lllilllt‘tl in quantity. i'orii,
wheat. uianul’nctan di rmlucis. cm. can Le
produced almost without limit. providcd
tbcycun Io lillil at a price anilicieni in
Ntiionlateprml'iciiou. bui pub] and rilwr
are called preeioua metal-i ho. dune How are
initial. iinl produced. 'l'bl'sai luelaia linu-
lll‘i'il lltcohJeeis oi tiizxioim march u.‘ for
back as history ruiw; )‘ci .ui'mvniiuuiu Mr.
Harvey‘s calculation. :vfi'thc [mid coin Hf
ibcworldcau be incited into a :é'.’ fool coho
and all the other coin in iho world into a
on b oi euhc. iii-came hold and vilv: r are
limited. both in the quantity now in hand
and biannual prmiin' on. it followv that
b-pislaiion "ill iix lli ratio lwtim-n them.
Any pilrcbuncr who Monti-4 Pauly lo talu-
tlu- cutire hopply of any pitch article at a
certain price can pi «\cut. that article {ruin
tuition below that 1 ho, Fillllt'uiwi‘l‘ll'
inept can llx a price h r mild and nilvor by
ioutingadcnumd it our than the sup
fly. lam-notional hiuu-iolllntu believe that
several nations. by emeritus into an aim ..
“out loud" at a find ratio all the mild
and «ilirr presented. «an initiation liic
littllli-ll mlnc oi the melab. uttheiuint
loll“. “'bcna mint price la tlnmimi..li«
llitlicd. ii tennloliu lilo bullion prior. l-ii»
innocently pow-iii ilwlripu coin luuy hate
the bullion converted. Into cold at. that
price. and any pi'l‘floll desiring bullion run
sw‘uri‘ it by Inviting iho min. ‘i be old)“
mural: u upcun o bleh international hinicial
lists anti itufi pendent lIiimiullintuililer b5.
i‘an lilo i'niiedfiinicu by tlo- free and no
limited coinmn- of silver oi the prom-oi
lcgal ratio create a dcnmtul for silior
which, lain-n in ”mum-lion with the de-
mand almalyin virulence. will bu suf-
ficient to utilize all tho nilrrr that will be
Wit“! at tho mini!!! They am'w In thoir
defame of tho bimetallic: principle. and
SW am in denim-ably mitten to the
the norm-inherit ‘ ‘
lime“
mu»
ill.
m
national bimotallinm gives to the owner at
sliver all the advantage; offend by ludo»
[Handout bluietulilsnt attire mum ratio. In.
tormtionltl bluiotullistu cannot accuse the
advocate; of free allm of being “bullion
tumors who desire tofrtdue the value of
their bullion." or“debuira who desire to
pay their dcbla in cheap dollars," or
"donutgogutm who desire to curry favor
with the people.” '1'th must rest tiiolr
uplmillou upon one gmund only-«namely,
that the supply of ailveravuilubio for «solo-
ituu bi too large to be utilized by the Unit.-
ed Staten. ,
Our Capacity to line Silver.
in discussing this attention we must
consider the capacity of our people to am
silver and the quantity of sllvm- which can
comotoour mints. it must be niiuoup
bored that we live in a country oulv par-
tlullydevelopod. and that our topple fur
surpass any equal number of people in the
World in their power to consume and pro-
duce. Our cxtcnsivc railroad development
lllltl lilllil'lllilllH lllli‘l‘llfil t‘illllllltll'Cl‘ lllllNl
also be taken into consideration. Now.
how much silver can i'tllili‘. here? Not the
coined sliver of the World. heeuuao almost
allot lli lemme valuable at lhia‘iitquu.
other lands than it will‘be at our luluta
under free e'iiuage. if our mints are
opeumito free and unlimited coinage at
tho pmsent ratio. iaorclatut‘liso silvcrcan~
not coyio here. because tho labor applied to
it. has made it. Wort h more in the form of
merchandise than it will be worth at our
mints. We cannot even oxpcctuil‘of the
alumni product of silver. because ludln.
China. Japan, Mexico and all the outer
silvcrusing countries must satisfy their
annual needs from the annual product.
The arts will require a large amount. and
the gold standard countries will need a
considerable quantity for subsidiary colu-
ago. We will be. required to coin only that
which is not hooded elaowhcro. but if we
stand ready to loin: and utilize all of it
other nations will be compelled tohuy at
the price which we fix. Many fear that
the opening of our mints will he followed
bytho enormous increase. iuthe annual
production of silver. This is mmjectum
Silver has been used as money for thou-
saadsof yours. undduriugull of that limo
the world has ucvor suil'erml from an over-
production. it tor any reason the supply
of gold or silver in the future over exetwls
the rcquireuu-nls of the arts and the needs
of coi‘umorce. we confidently hope that the
intelligence of the poomc will bu Nlillll'li‘llt
todevisenml enact any logi-elaiion neces-
sary for the poileetiou of the public. it
in folly lo rt-l'usc to tho people the money
which they now need l'orl’car. they may
hereafter have more than they need. l mu
ilriuly convinced that byopcnimrourminis
to iron and unlimited coinugo at tho pres-
cin mllo we can en-aio a dcumnd for silver
which will keep the price of silver bullion
at él.‘.".l per ounco. measured by gold.
Some of our opponents attribute the fall
intho value of silver. when measured by
irold. to the fact llwt during the last quar-
tor of a cent ury tho world‘s supply of silver
hzta increased more mpidlylhan thow‘orld's
qupply of gold. This argument, is entirely
answered by tho fact thatduring the bet
live years tircuunual production of gold
has intretiscd more. rapidly ilutnthouu-
uual production of silver. Since, the gold
price of silver has tallru more during tho
hull; five years than it. cvt‘r fell in any pro-
vinudive years in the history of tho world
it la evident that. the [all is not due to in-
creased production. l’ricca can l‘c lowercd
as oli‘eetually hytlccrtvisiug the demand
lUI‘t'il lil‘lit‘ltillfi iy incniuduo the supply
of it. and it scouts certain that the fall in
them-id price of silver iaduo lo hostiic
legislation and not, to natural laws.
(bur t [)[Ioltelilii cannot. ignore tho fact
that gold is now inning abrmd ill spite of
all legislation intended to prcvcnt it. and
no silver in being coined to take its place.
Nell-1115' is gold going abroad ”lbw. but it
lllll‘il continue. to go abroad llli hop: as lla-
prcsent financial policy ivndhorotl to on
is is \vecnniiuno to borrow from :iemss the
(wean. and evcn then we simply [Mililililit-
the evil. Moan-otin-amount lrorr-owed. tot
:eilicr with iciennt. upon it, must ho to
paid l'i appreciating d -li:ar.=. 'l‘he Amcri-
can [I ri-le now owe a larro. sum to lint-o-
peati erudil .r~‘. and falling price: have left
al'u'Wrand l: "or ll::ll"'lli lrolwecit our
no: l!1lll"l|t.llil aim and ourannual inter-
cat charge. 'l'hcro i only one way to stup
the lili‘l‘t'lih‘l'lftflliHViil i!i)lil fr: iaonrsboces.
:tinl that lili) :11in i'ullinp: prices. The res-r
toroiiou of liililtiiilllinlii will not only step
falling: prices. but will to amino exionl
more l'l'ii‘i‘u‘ by rcdurinir the world’s do
main! for hold. if it h: argued that u I'M‘
in iriccs low-run the valuc-nf tho llollul‘a
which we pay to our creditor—.1 reply
that. in the imianciusr of opiilim tho
American li‘opl'ihevo as much ri::ht to to
we a lllitllli‘liil.‘fv'sli‘lil which will main-
tain or realm-o prim-son ioi'eiga creditors
havo to insist upon a financial svslcui that
will n-zluco prli'ei. lint tbclnlor-sls of
moiety are far auperior to ll‘oiitit'i‘l'alw of
cilia-rib lduii‘i tIi'<"‘.‘illlni'.~'. and ”in inter-
est»- ol‘ r n'lolv ili‘lllflllil a liuaneial system
\viiic'i v ill mill to lie volume of the ~i:iii4lr
ut‘d money of the would. and thus l‘t‘hl’ll‘l‘
utobililvt llil'll'i‘.i,
A "only to Crltlt‘bmi.
l’crbap.i tho inmt Iii‘l‘ol.~li'lilx ioiu'oprc»
inclii.ill‘:'i that we have to pout. hi the
charm that va-uromimmliufs Ho p'iynu-ui
of debts to :l‘l (out. doli‘iru. At tho pron rd
:izl under prewnl intro o rilt‘rl‘ doi
lut' \i‘hi .l incited In -ei hourly half ii i \‘al
no. in: that will not. he‘lroo widow:-
a,” l'll"l1‘llll‘~‘lll| mini prhofuroilveruml
lc..vc n" sari-h: .~ mlta't‘ upon the marla'i. to
.1r.;;:c‘.m.vn ih . pii/ .. of bullion. i’udl r M
lilil‘tlll‘lill ;.il\cr hulhoo mil ho Worth m
muchmsiiverm-iu.p1d a»: mold bullion i.
now worth at much at paid coin. and vw
i-clhivc ii: :i a hill’i rdollnr will lum‘ortb on
much an a gold dr liar.
Thu clean.» or l‘t'lliltlltllbili mama-uh
poor nun-nip nu thaw who are owitiiu: to
add to tho weight. of citiuiiui: demo by
leub’. :t ion with h liiillo i uioucv dom'rand
who eoucixtt their drama aeolian tho neo-
cral wcifnro uudcr tinnimihoulous proton» c
that they are upholding public credit and
national honor.
in anon-r in the charm that paid will
minim-ad. it mas-i be remcmlwrwl that no
{gold can leave this country until lb.- own
or of the will] l'i‘t'oivt“: fillillf‘lllllitl in rel pro
for It which ho “mold rather have. in
other word i. when hold lcavoithc country
ibwo who formerly owned it. will . bone
iitcd. 'l’licrchx no pnwcoi by whichwc
ran ho. counvolied to part with ouruold
ttnaimtour will. aorta ihcoianypmmws
by which now not be forced upon m
without our content. Exchalmw are that
tern of umwon pi. and if niiwr womb:
this: counter undcr {rue coinaw it will be
at the HM ilni ion of Mine imo in thin. conti-
tri' who will uiie cniuuhiud lo ”cilantro
rill” ll. 0
'l‘bozi.‘ who deny the itbllliyol’ ibo l'nl‘r
all Hiatus in maintain the parity briwccu
gold and silver at the prcwcut legal roll"
without int-cunt aid palm in Maximum]
amntzimt titular-mount our mink! will
Nitmils urn silo-r basis and calm glad
to: premium. it in no inflection em
7
‘ .Mli-‘r __ 693' ' ,
habitat totho mine. owner. became inter-
, , atoll flute-rt much mm»
than Mexico in am, in population and in
commercial «mouth. It is absurd to at-
sort that the United States ‘is notable to
do anything which Mexico baa failcdto
accompliqh. The one thing necessary in
union to maintain the purity in to furnish
Bill‘llllmtl WW enough to utilize all the
Illver which will count to tho mints. That
Mexico litlii failed to do this is not proof
that the United Stale-i Would also fail. .
ll hi also printed that. siueoa number of
tho lliiiltlliil have douionotlzmi iillver. noth-
ing can be done until all of those nations
restore lilllii‘llllllh‘lll. '1‘th in also illogical.
it hi immaterial how many or how few
tiailoua have open niltttafipmvldcd them
.re uuilicieal open tulutalolurulah a men-
otary demand for all the gold and silver
available for coinage.
in reply to the argument that lmprovod
mitehiuory ha» lessened the nest of produc-
ing silver, it is itutlieient' to any that. the
name is true of the prtxluetlon of gold. and
yet, notwithstaudiug that..gold has risen
in value. Ana maltorot (not. the cost of
production doea‘not determine tho value
of tho preoiotm metals. t'..1t(‘(lpt an it may
ull‘oei. the supply. If. for instance. the dust
of prmiuelup gold should ho. reduced iiii
ptr cont without. any Increase in the out-
put. tho purchasing pmvoroi an ounce of
gold would not full. bio low: on there is
a monetary demand suilieiout to take. at a
ilxed mint price all the gold and silver
produced the cost of production need not
be eonsidoted.
Price: of Gold and Silur.
It is often objected that the prices of
gold and ullver cannot be ilxcd in relation
to each other hwaure of the variation in
the relativeprmluction oi.’ thelnctulx. 'l'his
argument also overlooks the fact that. if
the domain! for both metals atu ilxed price,
is [{l‘t‘flit‘!‘ than the supply of both. t‘olullvo
production lumoinca immaterial. In tho
enrlvimrt of the present. century the an.
nual production of silver was worth. at
the coinage. ratio, about three times as
much as the annual produellouof gold.
whereas. town after into, the annual pro-
duction of gold lwcautc. worth about three
times as much. at tho coinage ratio. as tho
annual production of silwr. and yet, ow-
ing to the lilllliiil‘llllllfc of tho binictalllc
standard. these enormous clianm's in rela-
llvo production had both slight oil't‘et up-
on the ri'iallvc values of the metals.
If it isasscrtul by our opponents that
the free. coinage of silver hi iutcndod only
for tho benefit of the mine owners. it must
be remembered that frco coinage cannot
restore to the mine. owners any more than
dcnioiu-ilzuihin took avvay. and it nnxst
also be renu-iolu-o-d that tho lose: which
thedomouciizuti-m of ailvor has brought
to the. mine owners. is insignificant com-
pared to the loss which this policy has
brought to tho rost with» people. The res»
toruliou of silver will lli‘lllf! to the people
generally many lllllt‘ri us much advantage
as the mine camera can obtain from it.
While. it is not the purpose of froe coinage
to specially aid any particular class. yet
those who bellcvo that the restoration of
silver is needed by tbowhnlo pcoplc should
not. be tlctcrrpd ln'z‘auso an incidental bell-
ciil will como tolho uiipoowuer. 'l'he crec-
tion of forts, tho (li't‘pt‘lllnt: of harbors.
the iiuprovmocnl of rivers. tbociwliou of
public buildings. all tboio eoui'cr incl-
denial benefits upon individuals and com-
munilies, and yot those. incidental benefltu
do not deter us front making appropria-
tions for there purposes whenever such op-
propriaiions are necessary for the public
with].
The argument that a silver dollar is
heavier than a gold dollar, and that there-
fore silver is ll“: convenient to carry in
large quantities. it completely .‘lli~\\'i‘l‘i‘il
by the silver certificate. which b; a»: easily
turrletl its the gold rot‘tiiicato or any other
kind of paper money.
As to the Present Ratio.
There are some. who. while mindtting
lhc benefit-i oi' bimctallism. objenl to l‘ltlli-
one. at the present Iutlo. If any are deceiv-
ed by this objection. they oughlto remem-
lu-i' that then- am no bimetali'ols who are
earnestly eluicavorluu to accuro ii-:'.i any
other ratio than it: In t. We orcopi-uml
to no) cilantro in the valioi'nrtworoman-t»—
Iirsl. lX'i ause a eluiupo would. [nature
meat injusih-c, and, ;'t‘t‘tl.’i(l, lwcame a
chanzc in tho ratio is not tum-wow. A
change would prixluco lujusiico because.
it effected in the manner usually hugged»
ted, it would remit, in an onoriuouscou-
traction lo the volume of statuiard money.
it. for instant-c. it Wufltlt't'ltlt‘tl by inter-
national ii‘li‘i‘i’llli'lll to tube the ratio-i
throughout the world foil: to l. tho I‘lilli'lj'i‘
might be oriented in any one of three
on) s.
'l'borllvct’ dollar could be doubled in
size. s n that th- new siivcr dollar would
\\'cl‘,.‘ll .:.' t»u.. {51‘-liilll'lliihllll']l'i‘fl'lllyflilltl
dollar. or the | resent. gold dollar could i..-
roduued one half in height. so that the
pnm-nt silver dollar would woiub It: limos
us‘ much N the new "old dulhtr. urtho
cbaiuwmuld ho made by incu-wluuthe
til/1'”!lili‘Pllh‘l'll‘lllill'llllil‘li'vh'fia‘llllfllli‘
size of the hold dollar anti-l the new ailvcr
dollar vmuld “club :2.) them as much too
the pew hold dollar. 'l'boso uho have adv
viucd a cilantro In tho ratio bavu uoiullv
ultiruiwti d that tip oilvcrdullurietioulih'd.
it this ciunmo Wei‘i! llilllli‘. it would itu‘oo-h
oliaic Ibo I‘i': oiliriui' oi rl.iitiii,uod,tuiil of ril-
\eriulo “,onoammmu, Them would hi
on idiliti‘tllulo lmsiul $2.1lli‘l.ieiii,iiililolll VI'
to built idualn or to tho unurrlimont. hut-
Hilawouid i -~tho loo-t of the injury. .\
shrinlonzc of one half in the silver‘iuoucy
oi tho world would mom a obriuLui-ool‘
one fourth in the total volume"! ilteiaiib-
inoncv. ’i‘hla contraction. lo: lion-usher
lli" value of tho drilar, would vlrimiiy
bu rc'oo lie-debts of Ihe world hllilom of
dollar-4 and III-4 rcuso Mill lll’ll‘t'lllt‘ value of
the piopcii .‘ of tho world at ineuaurcd luv
dollars lip-iidel ib'a lotto-dino- iwuli.
mph a eliaupo iii tic ratio would [N'l'llliii
in all-n doorman the animal addition to the
llill‘lll'h hum-l) of tuition, ln‘i‘tlliru‘ thunih
and Hiltl‘t‘lil‘ lllli lv. when t'oliicil llililllilli
lard talcum large. Would main-ooh. half
on many dollar-i.
'lhc li‘i'ph-td tho l'ultcd Stalin would
be iupouil by” chuturoin lb" ratio no!
llt‘I'iiuN‘ thesi-rwhuo silver. but boi'aue
ling: own property and owe debt-4. and
they union”! ailoril to thin dccn'cso the
who of their prui arty or lib-rouse lhu bur»
dcu of their dobto.
in 1% Mr. i'ariiado raid. “Mankind
will bc fortunate imlcml if the animal pm
Ilurllim or paid and «dim coin Niall lump
tum-wall the aunttilinon-imaof [Manila
lion and induuirv." l repwo ihiuumm
”on. All of tho wild and ailvol’uiiiiuallv
mdiahlc for eoioam‘. when maternal into
rain at tho pr. amt ratio. will not. in luv
pulpuwnt, iltlit‘i‘ tlmu «apply our monetary
new".
. The iii-ermine Act. -
in oapporting tho act offllv‘iim. known rm
llo r-‘hcrnmu out. Senator Sherman, on
June in of that in". mid:
”’l'uder the low of February. lRi‘ll. the
purchon- of ”ammu- worth of lilt'i‘l‘ bul-
lion a iaomth ban by china: pivotal-n]
annually an arm at marl; titanium
our month on a mid at w yam. but. this
human. tamer»! no ultimatum of m
, t. .y
9.
mil. .- , , .
proportion to on _ 13min); populw
. ., \ ‘- ,‘J .,..
mm who Will‘oatlmntad
. Winn-s
in
afiw
It 81.100.900.000 1.“?! :0“? population in
int-musing at the rutloot it per cent per
anoint. it would require $42,000,900 m.
maul cimflatioa’eoch your to keep may
with the tumult!) of Wilatlon. but as the
increase of population a accompanied bya
stilt amulet-ratio of increase of wealth and
bunnies» it Will thought that an imlnedh
ate incl-trim: of circulation might boob.
tainted by larger purebuu‘n of silver bullion
to an amount oodleirnt to nmlce‘good the
retirement of haulg natal-laud hoop pace
with the growth of population. , Afiulitiililg
that 854,000,000 a your of additional cur.
rout-y in ntit'tlt’d upon thin biotin. that
amount is providtxl for in this bill by the
issue of turnout-y notes in exchange for
bullion at tho market prim. I,
If the United Btatoathcn needed more
than 842.0%.qu annually to keep pace
with population and business. it new,
with a larger population. uoctls‘a mill
“mater animal addition. and the l'uilcd
State» is only one natiouamonu many.
Our opponouto‘ titular. no adequate provi-
uion for tho increasing monetary news of
the “‘tll'ltl.
In the. m-cotld pinch. a change in the ra-
tio in not necessary. Hostile legislation
bull dot-waited the demand for silverund
lowered its prim when measured by gold.
while this Home. hostile legislation. by lil-
ercasintr the demand for gold, has raised
the value of gold when measured by other
forms of property.
We are toltl~ that the restoration of hi-
mctallism would be a hardship upon those
who have entered into contracts payable
in gold coin, but this is a mistake. It will
be easier to obtain the gold with \Vllllili‘lo
meelu gold omitruot. when nuhtof the
[X‘tlllltl can use. silver. than it is now, when
cvcry one is trying macabre gold. .
The Chicago platform expuonly doelams
in favor of such lcgizdation as may be Tim?
ilfifiiiil'ylt) prevent for the future the do-
monetizalion of any ltlndof legal tender
money by private oontmct. Snob con-
tracts are. objmvtod to on tho ground that
they are against public policy. Name
questions tho right of logishtlurca toilx
the rate of interest which can be collected
bylaw. There is far more mason for pro—
veuting private individuals 'i'mmsettiag
aside legal tender law. 'l'hontoney which
is bylaw made a legal louder must. in
the course of ordinary business. be accepted
by ninety-nine out of _every bundmlpor-
sous. Why should the tine-lunalt'odth man
be permitted to exotnpt himaelf from the
mineral rule? Spi‘icial contracts have a
n‘ndoney to increase the demand for a par—
ticular kindoi‘ money, and thus force it to
a premium. Have not. the people a right.
to say that n mnunimlively few individ-
uals shall not be permitted to do ‘antze tho
financial syrtom of the n .tiou in order to
collect a premium in case they sot-reed in
turning one kind of moncv to a phantom?
'1 here is another argument to which 1
link your attention. Some of tho more
zealous opponents of true coinage palm to
the fact. that; 13 months mast elapse be-
tween the election and the first regular
erosion of contains and assert that during
that time, in easewopledeclan'tboumclvcs
in favor of {too coinage. all loam will be
withdrawn and all mompxm forcclosed.
if those aro tllt‘h‘l)’ pmphecim indubred in
by those who have forgotten lhopmvisious
of the constitution. it will be sutliclont to
remind them Hall. the pumldeut is empow-
ered to convene magi-cw in oxtmonlinarv
session wbouovor tho public. good requires
suehaction. If in Noventln‘rtbo perplo
by their ballotsdeclawtheum-lves in favor
of theimnicdi-tlo restoration of bimetal-
lisut. the system can he lnaugumtmi with-
in a few months.
it. however. lllt‘flS‘XOHlt‘lll t‘tat loam will
ho withdrawn and mortgagci forwlosed
l~i nnulo to pn'vonl. such political action us
the peoplo may bclicve lobe neon-wary for
tho pirsei'vaiiott of their rights. then a
new and vital isauo is raised. \l'bcucvec it
is nwessnry for the Imoplem a whole to
obtain consent fmm tho owners of money
and tho cbaum-rs of money bci'oro they ("ill
legislate upon tlnanciul durations. we shall
have passed from it tlelum'mcv to u [do
lih'l'lli‘y. lint. that limo lam not yet :i.‘l'l\i"l.
Tia-oils and intimidation \vlil ie of no
avail. 'l‘hc pearls who in iii": T.'j-‘t‘ft'tl
the doctrine that tiny»: rule by right di-
vluo will not in lid: notioi‘sztiou .-.ub<:‘rilu
to a doctrine that Money is oluuipotcui,
International lllmptlllhm.
lu eoncluei in. permit inc loaav a \void
in regard to internallounl blIIh-iullislu.
\l‘o nil-flint opp. sci to on internatinimi
agreement. loolmp: to tho maturation of
hilpcil‘ti‘ilsm limomhoul the \v-rld. 'l'ho
iulvowxxics of {no colonial-haw on all occa
l-lHlH show It their \\ lllillfllll‘i-‘i in m optic
alt- with other mill at in ”to reinstate
meal of silver. but they are not willing to
await the Pli'Jhlll'l‘tll other uoveruno-oh
\vhcu linmclliztlo r.-liof la neodml b_v the
people of tho l'ltitcd Slain. and the): fur
tlzcr believe ihat iudvpciulcui action oiler~
helior asauranco of inlcrualioual bimcl
ailb-m than sci-vile (loin-adeni-o upon for
ohm aid. lv‘or morotlmn :30 vcari no have
invited tho uaslsiauceof libiroiuian nations.
but all prawn-min tbeduwtionol inter
national llilli‘lillli‘ll! has two bineltml by
ihcoppmiliou of thme who thrive n l""'"'“
iurv lli‘lli'lll from tho alvpt‘iwlalionof mild
liow hour most v.e wait. for hiirielaliiwo
to ho brought to us by thow \\ ho proiil ha
nooiuuicndiimi? if the double rtaudm-d
will l-I‘lnu benefits to out“ people, who \illl
dour them the riuhi iotuijov lhwe lu-nc
fits: If our opponcnmwould admit the
thrill. thoablllly and thoduiv oi our poo
[do to net for tlu'iniolvi'n on all piibll'
queutunw without Ibo iouisluuvo and re
unalhu of tho white» of other unil'vm
and ilu-n lii‘iliuoo the wombat indium..."
which liay I‘Hll'illlm' ‘illllli'biiii. \l‘i‘ ciiltlil
moot them in tho lii‘iiliir limmmhiedch do.
but “hell the)“ unwi‘i that Hill iiaih‘ni l4
l'ltlycuii tvo clmlb‘um‘ ilti‘iu lo nubioit the
luau.- to a lwoph-o limo palriotima lam not"
Ir been appoaled to In will.
We «ball out ofload othor natiom whoa
We declare the right of tho \mcricau pm
pie to e um: llii'lii‘ll'lfl‘“. and. without lot
or hindrance l"tliil without. tl't'lilv Mimi.
cw" qtll‘r-lllm pmwui wl forlhcir «would
Nation. in taking lid: [Milton \n'rim
ply maintain thfl dignity of l”.nil‘i_ililil
cltixemwhonw turned to nonc in their
mpuciiy for golf govivrmnclll.
The wild Fl’lliillil’il hail t"illlii"llt‘tl tho
American pcoplo to pay Mir vcr loco-moat:
ll‘llmlo p. lht‘ntitllliil‘lilill'lll‘l oi the world.
a lrlhom which no one dorm l‘flill‘ll‘dlll.
lam-rt iimt national honor w'ziniiw tho
i'uitmlHtaim to when iiintlccforali to:
ob item on Well as do .illllli'i' in all liiu‘rodr
tom, Fora icoplr liltomirc. lilwwd up].
naiuml "man-rm of lilflhlwllli!l‘li‘llliru,
to proclaim lla-nmclrca innmteut to frame
a ilnoneial own-in «nitnl to ilwlr out!
inn-d4 la humiliating ivyond iho gnu-urn!
looming» Io iloai'rilni. We cannot enforce
respect for our foreign policy on lam; m
it. coolant oomvlvos unalihstofmnmour
own financial policy.
lirmm claim"...- of opinion have hi.
my» existed dial am will mint as to the
Notation but calculated lie mm the w
i i . :1 i j
hciphwl to protwt. ilo riirbiuof ilmwu .
ill" Amour flue- In
W
. w‘ it omit .
tn ”Ella ammonium
other nation! and. mm the
”w htcir’thuy meat mil. .7
o .
that angina is settled an other «location!
an: indkaiflotut. , f. “k
, A Word to Now York Chiquita. -
Citizens of new York, I havotraroloa
from the center at the continent to the
«inboard that I might, in thowery begin-
ning at the campaign, bring you grunting
from the people otthe went and math and
assure you that their desire. in not to de-
llrey. but to build up. 'l‘lltly.lll'i’ll0 you to
(“drill the principloa of a living faith ratio
or than listen to those who punish the gos-
pel of despair and advise undumnm or the
ills you have. The advocates of free ooln~
ago believe that in striving tettoeuro the
lmmodiato restoration of bimetalliam they
ate. laboriuglu your behalf unwell as in
their own bobalt. A fcwot your people
may prosper uudcr prurient condit lens. but
tliiipl‘l‘llillliullt wolfuroof New York rests
upon tho producers of \vmlth. This {triad
city is built upon the commerce of them-
that and tonal.- autl'crif that commerce is
impairml. You turnout sell unless the poo-
plo have tuonoywilltwhich to buy. and
they cannot obtain the money with which
to buy unlcaa lhcy are able to soil their
prtxlucta at renmucratlvo prince. Produc-
tion of Wealth goes before the cxchaugo of
wealth. Those who crattomust maul: a
profit; before they have anything to share
with others. You cannot ull'ord to join the
moncy changers in supporting a financial
policy which, by destmvlng tho purchas-
ing mweroftho prmluctaoi’ toll. must in
the end discourage tho emotion of wealth.
I ask, loxpcct, your cooperation. it is
true thata few of your financiers would
fashion a new figure. a thzuro mprcmxliug
Columbia. her hands bound Test with lot
tern of mid and her l'aooturntxltowardthe
can, ui‘ipealing for assistance to those who
live beyond the iii-iv, but this iiguvocau
never express your idea of this nation.l
Youwill raibcr turn for inspiration totho.
herole statue \vhioh wards tho ontnuwctri
your city, a statue as patriotic in concep-
tion as it. is colosml in pmportions. it was
the gracious giftoi’ a aistcr republic and
stands npvm a [micslal which was) built by
the American [Jl‘tllllt‘. 'l'hatilgom bibcr
tv, cnligbtcninu‘ the World. is emblematic
of tliemhtsionof our nationamoug the
nations of thomrth. With a government
which (lurivesails powora from the mum at
of tho govt-vnmi. secures to all the pcophi
freedom of colm-ienco, freedom of thought
and frcothuu of speech, guarantees eipial
rlyrhts to all and proniiaes spatial priv
ileum to none. the l. ailcd Stalmuhould he
an cxautplo in all that, is mod andtbe
loading spirit. in every movement which
lluri for its object the uplifting oi the llil‘
llllln l‘lK‘il.
————..—.—...____
an initial an
To the Good of its People.
and Glad to be So.
..
When you know a good thing tell it
It will not lessen ita goodness.
_ But will do good to othcru.
If you’ve been cured, tell It.
There's tnore misery Just like it.
Waiting to find out how.
There are lots of lame backs in But
Nora-elk.
lt'lx a busy place and backs are used.
'l‘brrc’s urinary trouble to a large ex-
tent.
liver noticc how many people over
forty complain?
Seven out of ten say colds affect their
kidneys. .
The kidneys are the cause; not the
colds. Keep them in shape and life ll
llle.
You can do it easily and pleasantly.
No nausealim: disinrbauw s.
No orb-ct exevpt on the kidneys.
ltut that effect is quick and perm. -
neut.
Dunn's Kidney l'ills do pcrfrct work.
l-Zust Norwalk is full of their pralw .1.
Mr. Wm. l‘. Knapp. Xo. .37. tisburn
avenue. is tiroman in the fact-n}- he-
lonaini: to ltoth .\‘- iiohlm‘hmi-it. He II
no iilil‘llillil enuine- r anal a w: ll—kuuwn
citineu. lie sown“! bad a. wcak spot
in my back which i attributed to my
kidneys 'i'hc urine was “root: and
oiien crmialnc-i a sediment. l itv'lrtl
about lioau's Kidney l'ills. wont to
l‘iaiulcd's tlruar More and procnvi d a
box. Slate taking lhom l fvil mil in
cvcry respect. The “cilk spot that war
in my back in now no good and strong
as any part 0 mo "
’l‘ho aching back has no greater one-
mv than Dean's Kidney This not in-
jurious to tho most delicate constitu-
tion. Im not art on tho hom-ls. but di-
rect on tho kidneys. For Hale by all
dcnlcra. I‘rh‘o. hi) wot i [N r box. or ll“:
tmxen for urn. i-lcut by mail on re-
ccipt ot prim by l-‘oator-Milburn (lo.
iiurl'alo. .'. Y.. lob: morale for the [fail-
mi match.
One to live nppiicalioun of lionn'l
iutmcnl will onto the “am can of
him: i'lies thwic cv- r mu. Can you
lffoid to lltle‘l' tartan u when a nimpir.
never-failing rcomir b- at hand?
Doau'l ointment oovgvr f , ihi.
lino-ligation or ”eat aloh- limitation.
.‘ilAiiiM'. N. i’.. Ana. H» For seam
two m-mtlm i'mi no inwuiluation baa
been in panama hero by the board of mo
(want an- Mrilmrn New York imitta
lion“ liar ileai‘ Mun-u. a Main «reboot, to
gar-ling charmwa an immoral audim
proper mum-a prcferrcd by mm at the
imchetii anniu‘t tho Mitmriniwndoni. ii
if. Hider. and his amount and we. lid
ward t‘. llidor. Au won as the invention
thvu roman-nor} tir- nuerlnirmieut pro»
mam-d his H‘Mlfllflllilll which was accepted
and no action or beauty anuio regarding:
the charges halibut him. Tim board,
hotwvor. lolly exonerated his not). Edward
C. llidct‘. and mind iudhxehurgo Aiplirmw
Johanna. Miss Kittin Mill”! and Guam»,-
ll. lteynoida.‘ who. in tho opitdoa of tho
board. enameled the arugula to llmlmln
the youlul Mi“. Hitler iii tho Iiilmlim mailr.
In tho hopn of forcing him out of the
lchool.
motor-moor. Pa. Ann. Hewitt-nut
Hull WM fatally and him two children im-
rloa-iy injured on Market sirmt by the
rioting of the from wail of a new hoihilnu.
'l he body of llall'g brother mu dim-overrd
two week! ago in the mar.
(Sutton rim: hm.
Amourav, Man. A on. H.-—’l’ho tall.
are at the it. it. Whitney moon arm at
Minnow. Mm.. in announced hm.
mum et ti»
0 right 3
meufiilfl. «jailed. and until
A
Freig
MONDAY.
Daily at 10:30 a. m;
and Friday at 5 p. m.
FOR N‘ORWALK.
FOR NEW YORK, .
‘ THE PROPELLERS
Will leave pier 23, East River,
-‘ “New no so innit
. COMMENCING
JUNE 22,‘
New Yorkll(Bcckman street,) "i i
FOR SOUTH NORWALK, ,, . ».
Extra boat, Monday, Wednesday,“
Monday. Wednesday and Friday at 5 p. m. ;
0
Leave So.Norv'alk Daily at 6 p.m. Leave Norwalk,Tucs. .
day, Thursday and Saturday at 5 p. m. ' .
VICTIMS or THE HEAT.
Many More Deaths In New York Cluud
by High Temperature.
an YouK. Aug. 1 t.~—-'1‘horu was but
slight improvement in the condition of
the weather yesterday. and but fora broom
blowing at tho tot-phi ‘ralo of 15 mile» an
hour from the nurthwost tho mortality
roii might have surpassed Wedtiouday’s
lint. iilvon under the improved condi-
tions the dead from heat in New York city
yesterday numbered hi, and the prostra-
tions were 113:}.
The mortality among animals: llflS'lJOtln
particularly great, the horses killed by
heat yesterday numbering more than on
any format day of tho but spell. Probably
the strain to which they have been sub-
jeeted has laid upon ttuun. Bodies of
horses lying in the streets were continua
sights. for the health department carts
could not Work fast enoughfio dispose of
all the carcasses. and many ware left where
they had fallen for houraheforo they could
ho taken away. tin every block driver»
ware to he soon throwing buckets of water
over their animals.
Active relief measures have been insti-
tuted by the authorities. although rather
late in the tropical siege to he as effective
as they might. (General Hollis. the com-
missioner of publio works, enlisted the
services of the tire department to make the
hospitals as comfortable as possible. Do-
tachmontsoi iircnu-n with lltlali carts Wore
sent to every hospital to llusb tho streets
and grounds about the buildings from by-
drunta. At a meeting which was held in
tho nmyor‘s‘oilico by the mayor and the
board of health it was decided to furnish
to the poor of the oily free icons long as
tho but spoil continues and to‘mako the
police stations and iiro engine houses the
depots for distribution. In addition the
park board has temporarily rescinded the
order which forbids sleeping on the bench-
or and grass in parks, and the novel sight
was witnessed of poor pooplo stretched
thickly about over the grass of city
squares. Tho thermometer ranged from
Tia at. i a. in.. the lowest. to a? at. L‘ p. m.,
the highest.
In Brooklyn 23 deaths caused by heat
were repotud during the '.'-l hours ending
at midnight.
The people of New Jersey sutlorod so-
vomly front the heat yesterday. There
worn 3 deaths from heat prostration in .fer»
w}- l'itv. I» in liohokou. ii in Newark.
i In Elizabeth and 7 in Palermo. \i‘il-
lltllll ll. Moses. editor of a morning paper.
was stricken at. his desk on \i‘udnuadziy
night. He was lonkingover mlvaueoshcota
of Bryan's speech when suddenly he throw
up bl» hands and full to the floor. lie died
in the hospital four hours later.
THE MATABELE REVOLT.
rilr ('ecil lllmdn on u Minion or race
to Matoppn “Illa.
Cart; 'l‘owx, Aux. 1i.-i’tuiaur'n ool-
ulnu has had another ougageuu-ni wllh
tho Mataholos and baa diuperrud tho rob.
ela. who twice tried to rludl into the biv-
otme, Forty night rebebi were billed.
A tll~lmirli to The i'bronlcie from liulit-
wayo. dated ’l‘bursdav. Aug. 1. rays.
"i‘ecll lilo-den and i olcbrader, com-
mander of the l‘apo "boys," will no lotho
Manama hill» tomorrow to that with the
Wind». who are (button. of nabnnittinx. “
The i hroulclo declare-i in an editorial
that. (Colonial aa-etctary t‘launlwriain
ought to lunlst upon tho recall of i'coll
ithmh-w, who. it says. in lliillilflil a wrong
mow. "lilari icrto'ucoui-im potty in Mr.
lllmtlcu' i-xpcrionccd bomb." The threat
rle flilll'.
Murray lllii Itnult luteallgntrd.
lew Vomm‘luu li.--l"7x-.\ mauldymnn
Mi‘m' J. Hilda, :i dopmltor of the Murray
Hill bunk. wi‘h riwutly eioncd ita doorn.
lou- toque-lied Action lib-[riot Attorney
John l" Mclatyrc to imilitcl iiu-m‘aml
nary to invmtiuniu the failure of the bank.
.\ir Stein rnyn that lilo difficult» of the
bank cutuliili ll‘ll u lllll'llllllli’flllul' by m‘t‘opt-
lim 3 delimit from him uhcu they know
ihn bank was iumirent. Mr. Mclmym
odd that he would in all probability ro
:pieut tho urami jury to involution. the
cloning of tho book. ‘
ti’htnue Killing Hellman-minim.
\‘Avmuoi agony. “MA "inn-arm of
Moimmnmiam bait hogan lit Killian prov-
Mo. imrthwm. ithhm. by tho lioiorlmiu
'l'ung Finishing. tho «funnier l‘ilupt‘uss of
Japan reportvs. at the oommaml of the one
pcror. M ll-inufa lumiow1i.lii‘ilbmtliu==!
men and sold their wives and daughters.
A ucuoml rising in foam] oven in i'inti-
nufu and Monica. hitherto loyal. Floods
mo doing frightful dmauo in ifhiua.
Many pursuits imvo been drowngd. and
hand rain of home“ on people are starving.
[tenth of Indicator Gibson.
ammonia. Mum. Aug. Mal?!»
Slam annular theme W. iiibmn of (blow
po- died hm at a mittpllilnliim tit “imam.
lln wax born In Mahala. N. Y... in NM
and armlanmi from Malone academy. lie
ml- for Korea your-- a rclmillm" of (Thirty
pm and had norm! in tho hymn ill wra-
mmeoivw in MW. om {ottoman year in
ma Will in the senate,
s
sf
1
The- hmul Indian Furl-nil.
trimaran“. Aug” ti.—-L‘uit¢d state;
found lying at Sogales. Mexico. he: tele-
graphed the stain departumnt the follow-
ing inlet mount at tho indium uprising
than: “is at indium Mk,“
satiation Mt held it tho been.
an killed. on- m M
«gumbo-ammonium."
i . i ‘
be”
him
:1
PATENT"
MEDICINES?
EAsv AND PLEASAlt’f 10 um
t
M Our Prices l
Geo. C. Stillsong’s
nRuo sroni.
82 Washington St, So. lornlk.
Quit
That
Peddler
and get your tea.
and colic-o where '
you no have your
money's worth.
llou't you know ‘
those presents you
are getting are deaf-
lylmughtuidclusion . i
and a snare. Try
Ill y Mocha andjuva
illond, a.‘ delicious
high grade roasted
coll'cc which excels i
m bucilavor and full , *‘
strength.
LORENZO DIBBLE,
ll North Main Street.
l'aiillru l'ktflifl“
and Healing. (Tom
in lbicc ln "d"!
W at hill" Ilaflfil‘f fl.
niftriilfl! or the lull
utopia-mat tiled.
PRIVATE DISEASES
n...”—
MEN AND WOMEN.
Infill)
”mash ‘
fimt rimgn pn id in any adrirm on re
0‘1“)th pmc. (graphite oatht. In W!
iii guaranlro town: of Man money.
Home trraimruilrm’u 1m! to an m
on rrteipt at to uni: in stampsiut image.
VIP-Si? 60.. P. 0. 0mm 53“. lulu. IO.
Norwalk Chronicler